For the love of your business
For the love of your business
It is a common misconception that oral contracts are not enforceable. It is true that certain agreements must be in writing to be enforceable. For example, the statute of frauds requires agreements involving real property, marriage, performance over multiple years and the sale of goods over $500 to be in writing. If an oral agreement […]
Read MoreThe question of whether an employee’s LinkedIn contacts can be considered trade secrets belonging to a former employer is a question currently before a Central California district court. In Cellular Accessories For Less, Inc. v. Trinitas, LLC, defendant David Oakes was a sales account manager for Cellular Accessories for Less, Inc., a company that sells […]
Read MoreA New Jersey entrepreneur who sells organic dog treats under the label, “Snaks 5th Avenchew” has prevailed in her fight to keep the name after a short scrap with fashion retailer Saks Fifth Avenue. Carrie Sarabella, who sells her organic dog treats online and direct to retailers, received a cease-and-desist letter from Saks threatening litigation […]
Read MoreThe National Labor Relations Board (NLRB) has ruled that an employee who “likes” a comment on Facebook that disparages his or her employer is protected under Section 7 of the National Labor Relations Act. In its Triple Play Sports Bar & Grille ruling, the NLRB extended Section 7 protection to an employee who “liked” another […]
Read MoreWhen you’re starting or building a business, things can move very quickly. Entrepreneurs typically starting new ventures reach out to dozens of people who may or may not become part of the final company, to ascertain interest or recruit talent. Often, an entrepreneur will take part in a discussion about equity allocation in the new […]
Read MoreMany business deals get done on the proverbial handshake — an email exchange, a discussion on the golf course — but those types of deals could be the kiss of death for your company if they go bad and there is little documentation to back up what you thought were the terms of the deal. […]
Read MoreUnless you’ve been hiding under a bucket this summer, it’s likely you’ve heard about the ALS Ice Bucket Challenge. If you haven’t yet been called on to donate or douse yourself with a bucket of icy water, you’ve certainly seen the thousands of videos of people far and wide — famous and not — gasping […]
Read MoreEvery business owner makes the decision to assume some portion of risk when they operate their own business, but no one wants that potential risk to affect their personal wealth. Unfortunately, there are all too many business owners who neglect to implement the correct asset protection strategies to firmly separate business risk from personal wealth. […]
Read MoreHow to Properly Structure a Founder’s Agreement for Your New Venture We are a nation of entrepreneurs, but we are also living in a litigious society, so if you are starting a new venture and there are other founders involved, a founder’s agreement is essential to protecting your fledgling enterprise. Here are some tips on […]
Read MoreChances are if you are an entrepreneur, you have a little “issue” when it comes to controlling everything about your company — in other words, you find it hard to trust others when it comes to your “baby.” But unless you are an experienced business attorney, you probably don’t have the knowledge — and most […]
Read MoreWhether you are just starting a new business or have been running a business for years, there are four common legal mistakes that both novice and seasoned entrepreneurs make that can have a significant impact on the future viability of your company: Co-mingling of business and personal finances. You may have started your business as […]
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